Mike Feuer, whose office last year filed a lawsuit against Wells Fargo prompted by a 2103 Los Angeles Times article about the practices. What emerged was a bipartisan consensus that the actions of Wells Fargo were in fact outrageous. It seems like you want to be able to take credit for pushing the case forward, but you don’t want to alienate the federal regulators. Your office gets $25 million from the Wells Fargo settlement. Sounds like you might be talking about mandatory consumer arbitration clauses, which seem to have helped Wells Fargo keep complaints about fraudulent accounts out of the public eye.

Source: Los Angeles Times September 28, 2016 21:56 UTC